Business
Snap announces Snapchat+ subscription plan that costs $3.99 a month
A man uses the SnapChat app on an Apple iPad Mini. studioEAST | Getty Images Snap announced Wednesday it’s rolling out a $3.99/month subscription plan for Snapchat that unlocks exclusive and pre-release features. It’s called Snapchat+. The announcement comes after Snapchat gave a disappointing sales outlook for the current quarter when it reported first-quarter results […]
Read More
Movies have momentum headed into the second half of 2022, if inflation doesn’t spoil it
“Top Gun: Maverick” rocketed to $1 billion at the global box office over the weekend, setting a new career milestone for star Tom Cruise and signaling some momentum for the domestic box office as it heads into the second half of the year. The Paramount and Skydance film is the second feature to reach the […]
Read More
Bed Bath & Beyond replaces CEO as retailer’s sales plummet
A pedestrian walks by a Bed Bath and Beyond store in San Francisco, California. Justin Sullivan | Getty Images Bed Bath & Beyond is replacing CEO Mark Tritton in a leadership shakeup after the retailer struggled through another quarter of declining sales and posted a steeper loss. The company said Wednesday that Sue Gove, an […]
Read More
Fight for Spirit Airlines goes down to the wire with competing bids from Frontier and JetBlue
A Frontier Airlines plane near a Spirit Airlines plane at the Fort Lauderdale-Hollywood International Airport on May 16, 2022 in Fort Lauderdale, Florida. Joe Raedle | Getty Images The most heated airline battle in recent years comes to a head on Thursday when Spirit Airlines’ shareholders vote on a proposed tie-up with fellow discount carrier […]
Read More
Delta offers free flight changes over July Fourth weekend ahead of possible ‘operational challenges’
An Airbus A330-323 aircraft, operated by Delta Air Lines. Benoit Tessier | Reuters Delta Air Lines is allowing travelers to change their tickets for free during the busy Fourth of July weekend, allowing fliers to avoid paying a fare difference and skip the airport during a “potentially challenging” few days. The unusual offer, normally extended […]
Read More
Congested Port of Oakland slashing free wait time for import containers
In an aerial view, shipping containers sit on the dock at the Port of Oakland on May 20, 2022 in Oakland, California. Justin Sullivan | Getty Images The Port of Oakland has had enough of the long-dwelling import containers clogging its ports. On July 1, Oakland is reducing the tariff-free time from seven days to […]
Read More
Stocks making the biggest moves premarket: General Mills, Carnival, Bed Bath & Beyond and more
Check out the companies making headlines before the bell: General Mills (GIS) – General Mills reported adjusted quarterly earnings of $1.12 per share, 11 cents above estimates, with revenue that also topped Wall Street forecasts. The stock rose 1.6% in the premarket, even as the food producer forecast full-year profit below Street estimates amid rising […]
Read More
5 things to know before the stock market opens Wednesday
Here are the most important news items that investors need to start their trading day: 1. Stocks looking for stability Traders on the floor of the New York Stock Exchange, June 28, 2022. Source: NYSE Equities markets’ attempt to build on last week’s momentum has so far fizzled this week. Futures were little changed Wednesday […]
Read More
Nike has a ‘much better risk-reward’ than the market believes, Jim Cramer says
CNBC’s Jim Cramer on Tuesday said that Nike stock is more investable than Wall Street might believe, even after a mixed quarter. “I’m not going to tell you this was a great quarter. … But, and this is a big but, I don’t think the results were as bad as today’s 7% decline [suggests],” the […]
Read More
Cramer’s lightning round: I can’t recommend Simulations Plus
AT&T Inc: “That is a distinct hold. If it were $18, it’s a buy. If it was $23, it’s a sell.” Tilray Brands Inc: “Tilray is a total spec of which I’m not going to bet against right now.” Dow Inc: “If I wanted to buy 200 shares, I’d buy 100 here and then I’d […]
Read More